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Archive - 10/31/2025 - Sign In to see current Signals. |
Euro Currency Trust (FXE) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Euro Currency Trust (FXE). During the week, the FXE gave back -0.99 points, or -0.92%, and closed at 106.37 on Friday, October 31, 2025. Weekly volume was -35% below average.
Long-term trend: [See FXE long-term trend chart] A long-term uptrend had started on January 13, 2025 at 94.08 and reached 110.01 on September 17, 2025. FXE gained -15.93 points, or -16.93%, in 35 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (110.59) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. FXE may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See FXE medium-term trend chart] A medium-term downtrend had started on September 17, 2025 at 110.01 and reached 106.34 on October 31, 2025. FXE lost 3.67 points, or 3.34%, in 6 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 104.40 and resistance is at 107.42. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See FXE weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since August 15, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See FXE short-term trend chart] A short-term downtrend had started on October 28, 2025 at 107.69 and reached 106.34 on October 31, 2025. FXE lost 1.35 points, or 1.25%, in 3 days. Price is near the trend low.
Daily Technical Indicators: [See FXE daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The distance between the Bollinger Bands is falling, and it was 1.54% on Friday. It is 54.29% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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